Financial Services and Markets Bill [HL]

Lord Wilson of Sedgefield Excerpts

Committee stage
Monday 22nd June 2026 Grand Committee

Northern Ireland and Scottish legislative consent sought. Relevant document: 2nd Report from the Delegated Powers Committee.

[Lord in Waiting/Government Whip (Lord Wilson of Sedgefield) (Lab)]

My Lords, before we start the debate on the first group, I remind the Committee of the rules on declaring interests. Noble Lords should declare any relevant financial interest the first time they speak at each stage of a Bill. This means that, in Committee, relevant financial interests should be declared during the first group on which a noble Lord speaks. Thereafter, the declaration does not need to be repeated in debates on later groups at this stage. Declarations should be specific and brief. Members should briefly indicate the nature of their financial interests, not simply refer to their entry in the Register of Lords’ Interests. I also remind noble Lords of guidance at paragraph 8.82 of the Companion: when withdrawing amendments, noble Lords should

“be brief and need not respond to all the points made during the debate”.

Clause 1: Consumer credit

Amendment 1

Moved by

--- Later in debate ---

Clause 13 agreed.

[Lord Wilson of Sedgefield (Lab)]

We are about to move on to the last group of amendments and we have 35 minutes to go. I hope we can finish this group before we finish at 8.45 pm. If we do not, unfortunately we will have to break mid-group and reconvene on the same group on Wednesday, so it is in noble Lords’ hands what we do.

Amendment 46

Moved by